Profit Sharing · DOL Form 5500 · 2024

First Reserve Corporation, L.L.C. Profit Sharing Plan

Data updated 2026-07-24

$57M
Total assets
45
Participants
86th
Percentile by assets
$1.3M
Avg per participant
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Official DOL plan name: First Reserve Savings Plan · Sponsored by First Reserve Corporation, L.L.C. · Connecticut · Finance & Insurance

$57M in assets, 45 participants

First Reserve Corporation, L.L.C.'s First Reserve Savings Plan reported $57M in total assets and 45 participants in its 2024 DOL Form 5500 filing, ranking in the 86th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 86th percentile by assets (of 116,472 plans)

Where First Reserve Savings Plan sits by assets

First Reserve Savings Plan sits in the top quartile of all filed plans by assets, $57M for 45 participants (~$1.3M/participant), up 10.7% in 2024.

$57M
total plan assets (2024 EOY)
45
covered participants
86th
percentile by assets (of 116,472 plans)
$1.3M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Reserve Savings Plan end-of-year assets rose from $51M in the plan year 2023 filing to $57M in the plan year 2024 filing.
  • First Reserve Savings Plan reported net income rose from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • First Reserve Savings Plan reported participants fell from 48 in the plan year 2023 filing to 45 in the plan year 2024 filing.

See the national 2023→2024 release diff →

First Reserve Savings Plan vs the 2024 asset distribution

By assets, First Reserve Savings Plan outranks 86% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$51M
Net Assets (End of Year)$57M
Net Income$5M
Employer EIN800547662
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Reserve Corporation, L.L.C.)

$40M$45M$50M$55M$60M 202220232024 $46M $56.6M â–˛ +23.1%
Total plan assets by year, all First Reserve Corporation, L.L.C. plans on file
Year Plans Participants Total Assets
2022 1 48 $46M
2023 1 48 $51M
2024 1 45 $57M

Nearby Profit Sharing Plans in Connecticut

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

First Reserve Savings Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants

First Reserve Savings Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.5 Total assets ($B) Participants First Reserve Saving…North Atlantic State…Connecticut Children…Connecticut Laborers…Bridgeport Hospital …Ons Savings Plan
First Reserve Savings Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to First Reserve Savings Plan by total assets, not by location.

Frequently Asked Questions

How did First Reserve Savings Plan assets move in 2024?
First Reserve Savings Plan grew at a solid clip - up 10.7% during 2024, from $51M to $57M. Reported net income was $5M.
How have First Reserve Corporation, L.L.C. plan assets changed over time?
Across 3 plan years on file (2022-2024), First Reserve Corporation, L.L.C.'s sponsor-wide assets grew 23.1%, from $46M to $57M.
Where does First Reserve Savings Plan rank by assets among Form 5500 filers?
First Reserve Savings Plan ranks in the 86th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to First Reserve Savings Plan?
Among Profit Sharing plans in other states, the closest by assets is Coffee Regional Medical Ctr Inc Employee Savings & Retirement in GA ($57M, 974 participants).

Scale reading

Ways to act on First Reserve Savings Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 800547662.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.